Record Resale for Flat in Pinnacle @ Duxton Hits $1.701M
In a notable shift within Singapore’s Central Area real estate market, a five-room HDB flat at The Pinnacle @ Duxton has recently achieved an unprecedented resale price of $1.701 million. This transaction sets a new benchmark for similar flats in the vicinity and highlights ongoing trends in value appreciation within this sought-after location.
Details of the Record-Breaking Transaction
The remarkable sale involved a 1,151 sq ft unit situated between the 28th and 30th floors of Block 1B Cantonment Road. The achieved price translates to approximately $1,477 per square foot (psf), surpassing the prior record by $71,000—an amount that signals strong demand and buyer confidence in this prestigious development.
Comparison with Previous Sales
Understanding Market Trends
The Unique Position of The Pinnacle @ Duxton
Price Patterns Among Top Transactions
A Closer Look at Market Dynamics
Future Forecasts for HDB Resales
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Source: Original Article
